Following up from trading calls over the past 2 weeks, it seems like we are seeing some actions today with more upside likely.
We have indeed seen it break the 0.56 resistance and pulling away from this new support now.
Upside momentum can continue with it crossing above the psychological 0.600 too.
MACD still looking positive for now.
As long as 0.56 – 0.57 is the support, uptrend can continue.
System actually had a Bullish signal 3 weeks back, before the ascent.
NO exits yet. PTI grads can check.
Recent Emails:
Sent: Thursday, February 09, 2017 10:42 AM
Subject: ***** Valuetronics: May be coming, watching for confirmation, price 0.57
Subject: ***** Valuetronics: May be coming, watching for confirmation, price 0.57
Sent: Monday, February 06, 2017 10:04 AM
Subject: ****** Valuetronics: May be coming, watching for confirmation, price 0.56
Subject: ****** Valuetronics: May be coming, watching for confirmation, price 0.56
Sent: Thursday, February 02, 2017 10:30 AM
Subject: ****** Valuetronics: Potential counter for upmove, patience, price 0.545
Subject: ****** Valuetronics: Potential counter for upmove, patience, price 0.545
For illustration purpose only
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